Victoria's Secret (VSCO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.26%. A quarter ago, it was expected that this retailer of lingerie, pajamas and beauty products would post earnings of $0.11 per share when it actually produced earnings of $0.12, delivering a surprise of 9.09 ...

Victoria's Secret & Co.'s stock was up 3.6% in extended trading Wednesday after the intimate-apparel company swung to a profit in its second-quarter results and raised its 2024 sales outlook, boosted by North American sales. The company reported net income of $32 million, or 40 cents a share, after a net loss of $1 million, or a loss of 2 cents a share, in the prior year's quarter. On an adjusted basis, earnings were 40 cents a share, above the FactSet analyst consensus of 37 cents a share. ...

Exhibit 99.1 VICTORIA'S SECRET＆CO. Victoria's Secret & Co. Reports Second Quarter 2024 Results Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance Reynoldsburg, Ohio (August 28, 2024)—Victoria's Secret & Co. ("Victoria's Secret" or the "Company") (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Offic ...

Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance REYNOLDSBURG, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. ("Victoria's Secret" or the "Company") (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Officer and Chief Financial and Administrative Officer Timothy (TJ) Johnson comment ...

Victoria's Secret & Co. (VSCO) is scheduled to report second-quarter 2024 results on Aug 28. In the last reported quarter, VSCO's earnings beat the Zacks Consensus Estimate by 9.1%. Q2 Estimates The Zacks Consensus Estimate for second-quarter earnings per share is pegged at 38 cents, indicating a gain of 58.3% from the year-ago reported figure. In the past 30 days, estimate revisions have witnessed upward movements of 123.5%. The consensus mark for revenues is pegged at $1.41 billion, implying a 1.4% decrea ...

Investors might want to bet on Victoria's Secret (VSCO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The upward trend in estimate revisions for this retailer of lingerie, pajamas and beauty products reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical resea ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Victoria's Secret (VSCO) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2 ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Victoria's Secret (VSCO) , which belongs to the Zacks Leisure and Recreation Products industry, could be a great candidate to consider. When looking at the last two reports, this retailer of lingerie, pajamas and beauty products has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 6.98%, on average, in the ...

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Changes are afoot at the company, and at least a few analysts are impressed by them. A fresh change in leadership, unexpectedly strong preliminary results, and a set of bullish new analyst notes were the main factors pushing Victoria's Secret (VSCO 9.78%) stock higher in recent sessions. The share price gain was well in the double-digit percentages; according to data compiled by S&P Global Market Intelligence, the stock was up more than 23% as of Friday before market open. New leadership, new second-quarter ...